Fri, Apr 25, 2014, 1:13 AM EDT - U.S. Markets open in 8 hrs 17 mins

Recent

% | $
Quotes you view appear here for quick access.

Silverstar Holdings Ltd - Commo Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rexobXIP rexobXIP Feb 1, 2000 1:15 AM Flag

    January 28, 2000

    say you shorted lphl at $10 and you shorted 5,000
    shares,

    $10x 5,000 = $50,000 cost

    Let's say lphl
    hits 16 (it already did)

    $6x 5,000 = $30,000
    you are in debt

    say you wait for it to go
    down, but instead it keeps going up. Let's say it
    performs like it did last year and ends up at
    $30.

    Oops... now your down $100,000. big ones.

    Say you
    call your friends kodels and lphole to bale you out,
    but they are in the same HOLE. Or maybe they are not,
    because they never really shorted LPHL to begin with,
    they just like to talk big.

    Remember, when you
    short, your losses are unlimited. Remember CNN is now
    part of AOL. Wait til AOL ties this in with their
    travel services and WOW!!! this thing shoots to
    $100.

    Now you are out a cool half million. WDR didn't buy
    in at $14.50 to let this stock drop back to 6 or
    even 8.

    So go ahead follow lphole's advice...
    you could pocket a cool ten thousand... or lose a
    half a million.

    GO FOR IT!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • you don't expect kodels to understand that kind
      of math do you? He's the one who said all the
      Venture Capital firms were just investing in LPHL to get
      a tax write-off.

      Talk about an uneducated
      pea-brain. You have to be an absolute moron not to know the
      difference between a tax shelter and purposely losing money
      so you pay fewer taxes.

      Kodels, you buy
      capital goods which you can depreciate (do you know what
      that means?) when you want to reduce your tax burden
      in a given year.

      And quit playing with
      yourself man, it's not normal.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Amazon.com Inc.
NasdaqGSThu, Apr 24, 2014 4:00 PM EDT
GW Pharmaceuticals plc
NasdaqGMThu, Apr 24, 2014 4:00 PM EDT